Financial Result: Siemens Pakistan posts lower profits

KARACHI: Siemens Pakistan has posted a lower net profit of Rs67.41 million for the year ending September 30, 2011 and announced a final cash dividend of Rs10 per share. According to financial results of the company dispatched to Karachi Stock Exchange here on Friday, the pre-tax profit also plunged to Rs158.18 million compared to Rs1.59 billion last year. The earnings per share dropped to Rs8.17 during the period under review.

Published in The Express Tribune, November 26^th, 2011.